May 19, 2025/BudgIT BudgIT, a prominent civic tech organisation promoting transparency and accountability in Nigeria’s public finance, has uncovered 11,122 projects valued at N6.93 trillion inserted by the National Assembly into the 2025 Federal Government Budget. What began as isolated irregularities has, over the years, evolved into a deeply entrenched […]
Author: InvestAdvocate
Nigeria April 2025: CPI Inflation to Increase in the Near Term
May 16, 2025/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation moderated by 52bps to 23.71% y/y (March: 24.23% y/y). A breakdown of the data shows food inflation easing by 53bps to 21.26% y/y, while core inflation fell by 105bps to 23.39% y/y. On a month-on-month […]
Inflation Rises by 23.7% in April, 52bps Lower than Prior Month
May 16, 2025/CSL Research According to the latest data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation eased slightly to 23.7% year-on-year (y/y) in April, 52 basis points lower than the 24.2% recorded in March. We highlight that the main contributors to the rise in the Consumer Price […]
